Graham announces $2.2M investment by customer to enhance New York operations

Graham (GHM) announced a strategic investment to support the implementation of new radiographic testing equipment at Graham’s Batavia, New York facility. The investment of $2.2M, from one of GHM’s customers, will enhance the company’s capabilities in evaluating critical welds in support of the Columbia and Virginia class submarine programs. As part of the investment, Graham will also contribute $1.4M for a total project cost of $3M. The strategic investment creates opportunities to support future, multi-year orders with potential enhanced revenue expected to begin in calendar year 2026. This agreement builds upon previously announced investments by partners, including $13.5M to expand defense production capabilities in Batavia in August 2023 and $2.1M by the BlueForge Alliance in July 2024 to expand Graham’s welder training program in support of the U.S. Navy’s Submarine Industrial Base initiatives.